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Manhattan Institute’s Michael Hendrix interviews Mayer Brown partner Andrew Pincus, the lead attorney in a lawsuit taking on New York State’s sweeping rent-regulation laws.
In 2019, New York strengthened its already-strict rent regulations, while state legislatures in Oregon and California approved caps on rent increases. Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders have even proposed national rent-control policies. Pincus explains what’s wrong with rent control, from violating due process and property rights to shutting out newcomers attempting to find housing in cities.